Ask me anything abt Construction Industry!, Q&A
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 Aug 7 2016, 05:12 AM
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#1
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Junior Member
45 posts Joined: Jul 2012 
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Hello seniors,
I've heard that alot of consultants opt to become contractors after a few years of experience (M&E and C&S). Is that really viable? cause from what I can see contractor themselves are quite specialized and consultants are lacking in site-experience (i.e. they dont know the lifetime of cement etc). Also, can I know what is the average profit margin for contractors in residential projects? Does main-contractor earn more than sub-contractor in terms of % profit margin? Thank you !  |
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Aug 13 2016, 11:18 PM
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#2
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Junior Member
45 posts Joined: Jul 2012
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QUOTE(iwubpreve @ Aug 11 2016, 06:32 PM) main contractor have lesser margin compare to subcontractor. Thanks a lot dude ! Do you know how does a person start to become a main contractor? Like which company do they join before becoming a full-fledged independent main con.let's say a subcontractor cost 1mil + 15% profit, he have 1.15mil of contract. but contractor have 150 mil + 3% profit = 154.5 mil of contract. also main contractor distribute the risk to subcontractor. main contractor no need much asset like machinery, equipment or material but subcontractor need to have those thing to operate their work. in conclusion, main contractor manage the work and earn the money while subcontractor need to own the machine to carry out the work and earn money.  I am a fresh grad working in a engineering consultancy firm at Malaysia, just started my job 2 weeks ago. I always feel that there's too much Ir. at Malaysia dont you think so? I feel like by the time I get my Ir. it's probably gonna be very common already. On a side note, can I know what you did previously? You seem super knowledgeable. Thanks a lot for answering ! |
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